As the digital revolution continues to explode with new developments and generate new approaches to business, many young developers continue to come up with ideas that will change the course of the world. But for many of them, they may not know where to start and trying to obtain funding for research or tools to market their ideas may be very difficult. That’s where Mike Baur has decided to help out, by giving them a platform to launch their business from called the Swiss Startup Factory. This organization, based in Switzerland, is a provider of resources and mentorship to new entrepreneurs and innovators preparing them for the demands of the business world.
The founder of the Swiss Startup Factory, Mike Baur brings years of experience in finance and business to this entrepreneur accelerator company, and has helped finance various Swiss company startups through this. He has an MBA from both the University of Bern and the University of Rochester, and has climbed the ladders from entry level to executive at a major Swiss Private Bank. Baur partnered together with Max Meister to build the Swiss Startup Factory, which is today the largest independent private investor funded accelerator in Switzerland.
Recently, CTI Invest came aboard with SSUF to help fund some big events coming in 2016 and take a role in organizing the Swiss Venture Day workshops. This event is primarily targeted at entrepreneurs in the IT and Life Science sectors and has a forum on coaching and practices for new and upcoming businessmen. SSUF basically runs a 3-month program in which startup ideas are put to the test, and applicants are given marketing, legal, and technical aid to get their idea launched while at the same time giving them the freedom to brand themselves. The application process does thorough vetting to determine which startup ideas are most likely to be self-driven and successful.
There have been several new startups that have already made it big thanks to SSUF, including Diabird and Hello Vegan and SSUF continues to add a lot more potential startups to its portfolio. Baur believes that success can be achieved in a short time if people full of ideas are just fostered in the right environment, and his work is having a profound impact on Switzerland’s business-minded young people.
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